Property profile

57410 Gratiot Ave New Haven, MI 48048

OFF-MARKET
Commercial land
Property ID
US43-1652016
1 ac lot
Individually Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 57410 Gratiot Ave, New Haven, MI 48048, presents a unique investment opportunity. The 4,400 square foot building, constructed in 1967 and classified as Class B, sits on a spacious 2-acre lot, offering ample parking and potential for expansion. Previously used as a body shop/mechanic, the property features four overhead doors and a 12-foot clearance ceiling, ideal for businesses requiring significant vehicle or equipment access. The building is currently vacant and zoned for General Business Commercial use. Its prime location on Gratiot Avenue, just north of 26 Mile Road, ensures high visibility with over 30,000 vehicles passing daily. The asking price is $595,000, translating to $135.23 per square foot. This versatile property is suitable for a variety of commercial uses, making it an attractive option for entrepreneurs seeking a high-traffic location with significant space and potential. The property consists of two buildings, each one story. This is a rare opportunity to acquire a substantial commercial property in a thriving area.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1 ac (43,560 SF)
Zoning code RLD
APN 26-06-33-476-004
UPID US43-1652016

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

57410 Gratiot Ave New Haven, MI 48048-2721
New Haven metro Census 218001 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

since 2025
Last sale
$133,000
5 recorded transactions
2025
Price N/A
2022
$133,000
2022
Price N/A
2019
Price N/A
2019
$179,000

Zoning & alternative use

RLD · New Haven, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 57410 Gratiot Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message